Gjensidige
Gjensidige Forsikring ASA, commonly known as Gjensidige, is a leading insurance company headquartered in Oslo, Norway. Established in 1816, Gjensidige has a rich history and has evolved into a prominent player in the Nordic insurance market, providing a wide range of services across Norway and other major regions in Scandinavia. Specialising in general insurance, Gjensidige offers products such as property, casualty, and health insurance, distinguished by their customer-centric approach and innovative solutions. The company has achieved significant milestones, including a strong market position as one of Norway's largest insurers, recognised for its financial stability and commitment to sustainability. Gjensidige continues to set industry standards, making it a trusted choice for individuals and businesses seeking reliable insurance coverage.
DitchCarbon Score
How does Gjensidige's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Gjensidige's score of 59 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gjensidige's reported carbon emissions
In 2024, Gjensidige reported total carbon emissions of approximately 501,408,000 kg CO2e. This includes 434,000 kg CO2e from Scope 1 emissions, 438,000 kg CO2e from market-based Scope 2 emissions, and a significant 500,536,000 kg CO2e from Scope 3 emissions, which encompasses various categories such as purchased goods and services (63,773,000 kg CO2e) and employee commuting (2,741,000 kg CO2e). In 2023, the total emissions were about 528,674,000 kg CO2e, with Scope 1 emissions at 319,000 kg CO2e, market-based Scope 2 emissions at 340,000 kg CO2e, and Scope 3 emissions reaching 528,015,000 kg CO2e. This indicates a slight reduction in total emissions from 2023 to 2024. Gjensidige has set ambitious climate commitments, aiming for net zero emissions in its investment portfolios by 2050. This target is part of their long-term strategy, which covers all scopes of emissions. Additionally, their portfolio targets cover 89% of total investment and lending by financed emissions as of 2022, with required activities making up 88% of this total. The company is committed to aligning its operations with the Science Based Targets initiative (SBTi), with targets consistent with limiting global warming to 1.5°C. Gjensidige's near-term targets are set for 2030, reflecting their proactive approach to climate action. Overall, Gjensidige's emissions data and climate commitments demonstrate a clear trajectory towards sustainability, with significant focus on reducing their carbon footprint across all operational scopes.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | - | - | - | 000,000 | 000,000 |
| Scope 2 | - | 000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Gjensidige is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
